Courtesy of Ricky Aujla, Century 21 Bravo Realty
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(780)-887-1346Listing Description
Rare opportunity to own a cash-flowing legal rooming house/income property in Ritchie, one of Edmonton’s most sought-after central communities. Offering 9 bedrooms and 4 bathrooms over 3 levels, the property is set up with a fully self-contained main floor 1-bedroom suite featuring its own full kitchen and bathroom, plus 8 private rental rooms arranged 4 upstairs and 4 downstairs. The main suite provides stable long-term income with a tenant in place since 2009, while the rooms rent for $500–$550/month. Recent updates include a new roof and 3 fully renovated rooms, creating immediate upside with ready-to-lease inventory. With two additional half kitchens, multiple bathrooms, and a flexible income-producing layout, this property is ideal for investors, multigenerational living, or an owner-occupier seeking a mortgage helper. Steps to Whyte Ave, Mill Creek Ravine, transit, schools, and the University area, this location supports strong rental demand and long-term growth. Strong income with upside potential.
Key Details
| MLS® Number: | 44801928 |
|---|---|
| Property Type: | Multi-Family Commercial |
| Bedrooms: | 0 |
| Bathrooms: | |
| Fireplace: | No |
Community Demographics
